At present, the global market for urinary catheters is experiencing a healthy growth rate due to the constantly growing awareness levels of the people, availability of improved urinary catheters and improving economic condition as well as healthcare infrastructure in many nations. Urinary incontinence, urinary retention, prostate or genital surgery and medical conditions such as multiple sclerosis and neurological disorders, such as Parkinson’s disease, dementia, etc. are some of the major causes that lead to the use of urinary catheters. Urinary catheters are available in various shapes, sizes and types that have been categorized into three major segments, namely, indwelling or Foley catheters, intermittent or temporary catheters and male external or condom catheters.

Intermittent catheters held the largest share of 58.7% of the global urinary catheters market followed by Foley catheters in 2013. Intermittent catheters are increasingly preferred over Foley or condom catheters by healthcare professionals as well as patients all over the world, especially in developed economies, such as the U.S., Western European nations and others. This is due to the fact that, Foley or indwelling type of urinary catheters have been largely associated with the occurrence of catheter associated urinary tract infections (CAUTIs) in healthcare settings. In addition, male external or condom catheters have been found to be associated with leakage issues, hence are less preferred by healthcare professionals. However, patients have begun to opt for condom catheters due to their non-invasive nature, compared to the other types of urinary catheters that are available in the global market.

Some of the key driving factors contributing to the growth of this market are increasing incidences of various urinary disorders, rising prevalence of chronic disorders leading to urinary disorders, aging population and growing awareness and affordability for improved urinary catheters. According to the World Health Organization (WHO) estimates, presently, over 200 million people are suffering from one or the other bladder control problems that essentially require urinary catheterization. According to the National Health Service (NHS) of the U.K., approximately 3 million to 6 million people were suffering from some degree of urinary incontinence in the U.K. in 2013. Hence, a large number of patients across the globe would require administration of urinary catheters at one or the other instance during their lifetime. Aged individuals would increase the patient pool in major regions of the world, which in turn would help the urinary catheters market generate higher revenues and grow rapidly in the near future. However, increasing incidences of CAUTIs and leakage issues associated with male external catheters would restrain the growth of the global urinary catheters to some extent. But, improvement in available urinary catheters and incoming of new and technologically advanced urinary catheters in future would bring future growth opportunities for this market.

In 2013, North America held the largest share of 37.5% of the global urinary catheters market closely followed by Europe. North America comprises the developed economies of the U.S. and Canada, which have a large number of elderly individuals suffering from various urine system disorders. Hence, the rising occurrence of various urinary disorders in the region increases the demand for urinary catheters, and in turn increased market share of the region. On the other hand, Asia is expected to register the fastest growth during the forecast period from 2014 to 2020 especially due to the expected rapid growth of this market in countries, such as China and India. The key factor responsible for the high growth of the market in the region is the presence of a large geriatric population suffering from a range of urinary disorders requiring urgent catheterization. Other factors include rising government support, increasing awareness and affordability, and corresponding demand for advanced urinary catheters across the major economies in the region.

Rise in geriatric population along with increasing number of patients with urinary disorders is expected to boost demand for urinary catheters. The report forecasts growth of the global urinary catheters market at a CAGR of 5.1% during the period from 2014 to 2020. The report describes the market landscape and points out the key growth drivers, restraints, latest trends, and future opportunities in the global urinary catheters market. Insightful data related to overall market revenue along with an analysis regarding market attractiveness has been included in the report to provide a broader picture of the global urinary catheters market.

The report analyses the effect of Porter’s five forces on the global urinary catheters market and, through SWOT analysis, it forecasts the future trajectory of key market players in the coming years. On the basis of key geographical regions, comparative analysis of the overall market during the forecast period has been mentioned in the report.

Overview of Global Urinary Catheters Market

Conditions such as urinary incontinence, urinary retention, surgery on the prostate gland or genitals, and other medical conditions including multiple sclerosis, dementia, and spinal cord injury lead to the usage of urinary catheters. The report cites the rising number of such disorders to drive the growth of the global urinary catheters market.

The global geriatric population is also expected to increase demand for technologically advanced urinary catheters, thereby fuelling overall market growth during the period between 2014 and 2020. However, the report points out that the rising number of catheter-associated urinary tract infections (CAUTIs) across the globe will negatively affect the market. Growing patient pool in emerging economies, rising awareness level among the same, and increased government support has been termed by the report as the key drivers to propel the market in the coming years.

Depending upon product type, the report segments the global urinary catheters market into intermittent (temporary) catheters, male external (condom) catheters, and Foley (indwelling) catheters. The report discusses the preference of healthcare specialists for intermittent catheters over other types due to the risk of urinary tract infections attached to other types of catheters.

The report studies the urinary catheters market in Asia, Europe, North America, Latin America, and Rest of the World. North America has been the leading regional segment of the global urinary catheters market, owing to high demand for urinary catheters from the U.S. and Canada. However, the report suggests that increasing geriatric population in Asia, especially in India, China, and Japan will drive the global urinary catheters market during the forecast period.

Companies mentioned in the research report:

The report profiles key players operating in the global urinary catheters market such as Boston Scientific Corporation, Cook Medical Inc., Covidien, Cure Medical, Hollister Incorporated, Teleflex Incorporated, Coloplast A/S, and B. Braun Melsungen AG. The report analyzes the market share held by each player. The financial overview, product portfolio, and business strategies of the players have been mentioned in the report.

Upcoming Reports

Affinity chromatography, also known as bioselective adsorption, is a type of liquid chromatography for purification of a specific molecule or a group of molecules from complex mixtures. The fundamental principle comprising the method is the isolation...

The visualization of the larynx is done with a digital laryngoscope or fiber optic inserted transorally or transnasally. The images are recorded for a more detailed examination. Larynx examination can be performed by indirect laryngoscopy and direct ...

Different oral healthcare trackers are designed with different features, such as Oral Hygiene Device, which is designed with blue light which hits the teeth, they act as mirrors to reflect the light into the dental pocket between the gums, areas that...

Hearing loss can occurs when inner ear or nerve is damaged, which may be caused due to diseases, aging, loud noise, and medications. Hearing amplifier is a small part of hearing aid which makes the sound louder. Hearing amplifiers increase the power ...

A cardiac holter monitor is a battery operated device which continuously monitors the heart rhythm of the patient, for a period of 24-48 hours. The duration of measuring the activity of heart depends upon the type of device used, and the patient&rsqu...